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Dollar General | Rome, GA MSA 12333 Highway 48 9,100 SF Retail Building Cloudland, GA 30731 $2,641,081 CAD ($290.23 CAD/SF) 6.60% Cap Rate

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EXECUTIVE SUMMARY

15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
• The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.
2025 NEW CONSTRUCTION NORTH GEORGIA DOLLAR GENERAL
• This store is open and rent commenced in October 2025.
SUB $2 MILLION PRICE POINT
• This Dollar General has a lower rent of $124,872, which equates to a sub $2M price point.
ROME, GA MSA | LARGEST CITY IN NORTHWEST GA
• This Dollar General is located 37 miles northwest of Downtown Rome.
• Rome is the largest city in Northwest GA with a population of 38,747 and is the county seat of Floyd County.
• National Retailers in Rome include Lowe’s Home Improvement, Publix, Sam’s Club, Kroger, Mount Berry Mall, Walmart, Hobby Lobby, and more.
• Rome has long had the strength of economic diversity, with an economy founded in manufacturing, education, healthcare, technology, tourism, and other industries.
• Rome is also well known in the region for its medical facilities, particularly Floyd Medical Center (304 Beds), Redmond Regional Medical Center (230 Beds), and more.
• Home to multiple colleges and universities, including Georgia Northwestern Technical College (5,837 Students), Berry College (2,400 Students), and more.
LOCATED IN A POPULAR MOUNTAIN VACATION DESTINATION
• This Dollar General is positioned in an affluent mountain vacation and second-home market, surrounded by strong tourism demand.
• Over 30+ vacation rental properties are located within a 1-mile radius, generating average nightly rates of $200+ and supporting consistent year-round visitor traffic.
INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment-grade credit rating of BBB.
• The company currently operates over 21,000 locations and plans to open 575 new stores in US & 15 in Mexico.
• Dollar General has been in business for 80 years and has a current net worth exceeding $18.16 billion.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2025
Price
$2,641,081 CAD
Price Per SF
$290.23 CAD
Cap Rate
6.60%
NOI
$174,311 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
5.25 AC
Zoning
C1 - Commercial
Frontage
390’ on Georgia 48

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00003-00000-052-00C
Land Assessment
$66,931 CAD
Improvements Assessment
$17,014 CAD
Total Assessment
$83,945 CAD
  • Listing ID: 37620214

  • Date on Market: 2025-09-10

  • Last Updated:

  • Address: 12333 Highway 48, Cloudland, GA 30731

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